Tradehay.com: 23/05/2022 - 08:07
The Wall Street Journal reported that "several anonymous crypto investors profited from inside information about when the coin would be listed on exchanges."
The WSJ cites an example of an account accumulating Gnosis coins and selling them when Binance, 7 days later, said it would list the coin on the exchange:
The price of Gnosis skyrocketed, from about $300 to $410 within an hour
Four minutes after Binance's announcement, a blockchain wallet started liquidating all of its coins in just over four hours... raking in a profit of around $140,000 or about 40% yield.
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